According to Foresight News, Web3 social application Tip Coin has opened the application process for claiming its TIP tokens and launched DEX liquidity. Wallet addresses with a balance of 0 or a transaction history of 0 have been filtered out, leaving tens of thousands of wallets eligible for claiming. Tip Coin also plans to introduce an appeal process to ensure that all rule-abiding individuals are included.

As previously reported by Foresight News, Tip Coin announced its token economy model, with 35% of TIP tokens allocated for platform rewards, 5% for marketing, and 5% for team lockup. The remaining tokens will be distributed across three Epoch rewards: 15% for liquidity provision and 15% for airdrops in Epoch 1; 20% for airdrops in Epoch 2; and 5% for airdrops in Epoch 3.